AltynGold Reports Strong Q1 2025 Performance with Boosted Production and Revenue

PUBLISHED: 12 May 2025 @ 18:15 | Comments (0) | More info about Fiona Craig

AltynGold Plc (LSE:ALTN) has posted impressive financial and operational results for Q1 2025, showing notable growth in both production and revenues. The company reported a 34% year-over-year increase in mined ore and a 57% rise in milled ore. Its flagship Sekisovskoye asset has reached full operational status, driving a 51% increase in gold poured and a 61% rise in revenues, which totaled $25.3 million. Although the gold grade slightly decreased, the recovery rate improved, putting the company on track to meet its annual production target of more than 50,000 ounces.

AltynGold also highlighted its ongoing commitment to safety and environmental sustainability, with no reported accidents and continued adherence to climate change-related regulations.

About AltynGold Plc

AltynGold is a mining company focused on gold exploration and development. Listed on the London Stock Exchange, the company is committed to sustainable mining practices and maintaining high environmental standards while continuing to expand its gold operations.

Average Daily Trading Volume: 32,725 shares
Technical Sentiment: Buy
Market Capitalization: £106.3 million

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